Post
Topic
Board Bitcoin Discussion
Re: What's the view of an average citizen About crypto currencies
by
Dr.Bitcoin_Strange
on 11/01/2024, 20:05:44 UTC
bitcoiners need to know that currently Bitcoin is trading low from its all time high, Bitcoin should not be viewed as a short term Investment, but should be seeing as a long term life changing investment due to its liquidity and high returns when trading high.

This was the part that struck me, because that's what it actually is. It is what it is  Grin.

Just the other day, someone who picked up interest to invest in Bitcoin was actually seeking my attention so I could explain to him a few things about Bitcoin. In the middle of our discussion, he asked me if I think he can still make any good profit from Bitcoin, due to the fact that the price is currently too high; the price for that day was $42k. Then, I returned the question to him and asked him: How much was the last all-time high price for Bitcoin?

He stare in confusion before saying that he didn't know about Bitcoin's all-time high.

So my question to anyone reading this now is: do you guys believe that there are people who may have an interest in Bitcoin but don't know the last ATH price of Bitcoin?

OP, you are right in your statement. Considering the 2021 Bitcoin ATH, the price is still cheap now, and there is still every possibility that those who invest now will make a profit.